Alpine Income Property Trust
PINE
49 hedge funds and large institutions have $68.1M invested in Alpine Income Property Trust in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 12 closing their positions.
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
40% more capital invested
Capital invested by funds: $48.6M → $68.1M (+$19.5M)
36% more funds holding
Funds holding: 36 → 49 (+13)
5.61% more ownership
Funds ownership: 49.98% → 55.59% (+5.6%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.18M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.12M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.12M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$987K |
| 5 |
State Street
Boston,
Massachusetts
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.06M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$3.32M |
| 3 |
Millennium Management
New York
|
-$1.23M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$889K |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$611K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$1.23M | -99,770 | Closed |
|
|
PCM
52
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$611K | -49,628 | Closed |
|
53
Goldman Sachs
New York
| – | -$421K | -34,211 | Closed |
|
|
NAM
54
Nexpoint Asset Management
Dallas,
Texas
| – | -$316K | -25,690 | Closed |
|
|
MFIM
55
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$242K | -19,666 | Closed |
|
56
Victory Capital Management
San Antonio,
Texas
| – | -$132K | -10,708 | Closed |
|
|
OAM
57
Oppenheimer Asset Management
New York
| – | -$95K | -7,677 | Closed |
|
|
MWNA
58
Marshall Wace North America
New York
| – | -$83K | -6,703 | Closed |
|
59
Marshall Wace
London,
United Kingdom
| – | -$17K | -1,399 | Closed |
|
|
WAP
60
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$16K | -1,300 | Closed |
|
|
NFG
61
Next Financial Group
Houston,
Texas
| – | -$2K | -148 | Closed |
|
PINE Hedge Fund Activity: Q2 2020 in Review
49 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Alpine Income Property Trust (PINE) for Q2 2020, worth a combined $68.1M — up 40% from $48.6M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PINE positions and 12 closed out — a net gain of 13 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $4.18M. The largest seller was Kennedy Capital Management, cutting an estimated $4.06M.
- 49 institutional investors held Alpine Income Property Trust (PINE) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $68.1M of Alpine Income Property Trust stock for Q2 2020, up 40% quarter-over-quarter.
- 25 funds opened new Alpine Income Property Trust positions in Q2 2020 and 12 closed out, a net change of +13 holders.
- The largest Alpine Income Property Trust buyer in Q2 2020 was BlackRock, an estimated $4.18M added.
- The largest Alpine Income Property Trust seller in Q2 2020 was Kennedy Capital Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q2 2020.